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Posted Sat, 28 Sep 2024 09:11:56 GMT by Pines12345
I have two SIPP pensions. I have already received an NT code for my first pension (as I am living overseas and have started drawdowns). If I move my second pension into the first pension, will the NT code apply to the new funds as well? The current wait times for NT applications with the HMRC ismore than 6 months, so merging in other pensions to one that has gone through the process could be much faster. Thank you.
Posted Mon, 07 Oct 2024 09:16:15 GMT by HMRC Admin 17 Response

Hi ,
 
If the second pension is a new Pension Source then you will still need to complete a

Double Taxation Claim Form - you cannot merge the two pensions together - See :

Double Taxation: Treaty Relief (Form DT-Individual) .

Thank you .  
 

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